My 3 Best Stock-Split Stocks to Buy -- Even in a Market Sell-Off
There's little question that the past several months have tested the mettle of even the most seasoned investors. The S&P 500 and the Nasdaq Composite have both fallen headlong into correction territory. Even worse, the tech-heavy Nasdaq is trading in bear market territory, down almost 27% from its November high, while the S&P remains perilously close, down about 15.3%.
A number of recently split or about-to-split stocks have followed the markets lower, creating several compelling opportunities. A stock split doesn't change the underlying fundamentals of a business, so that alone isn't a reason to buy the stock. However, the underlying business momentum that fueled the share price gains -- eventually leading to a stock split -- is typically a good indicator of future success.
With that in mind, let's look at three stock-split companies that deserve notice.
Source Fool.com
